Monday, December 5, 2016


From Michael Lewis, a Portrait of the Men Who Shaped ‘Moneyball’ (LINK)
Related book (released tomorrow): The Undoing Project
Video: Author Michael Lewis on "The Undoing Project" [H/T Linc] (LINK)

There’s a Big New Investor in Stock Markets: The State (LINK)
Two of the world’s most important stock markets have a big new investor—the state.
About 30% of all the companies in Japan’s three main equity indexes now count the country’s central bank as one of their top 10 shareholders, according to a Wall Street Journal analysis of data as of the end of September. Six years ago, the Bank of Japan’s presence in the market was trivial.
In China, two major state-owned investment funds that are part of the so-called national team have become top 10 shareholders in 39% of listed companies over the past year, according to UBS, which analyzed shareholdings as of the end of September.
Huawei’s Hard-Charging Workplace Culture Drives Growth, Demands Sacrifice [H/T Matt] (LINK)

Stephen Hawking: This is the most dangerous time for our planet (LINK)
We can’t go on ignoring inequality, because we have the means to destroy our world but not to escape it
A few notes I took after reading Michael Mauboussin’s Base Rate book - by Stefan Cheplick (LINK)

Latticework of Mental Models: Illusion Of Control (LINK)

The myth of quick - by Seth Godin (LINK)

Five Things You Notice When You Quit the News (LINK)

Some nice thoughts about reading in a Tweetstorm from Patrick O’Shaughnessy (LINK)

For Kindle readers, I just noticed that some of the books that Charlie Munger has recommended have been made available in Kindle format over the last few years, such as: Models of My Life, Ice Age, and A Matter of Degrees.